BEA Transaction Tables - Goods and Services

D–64

March 2012

International Data
F. Transactions Tables
Selected U.S. international transactions tables are presented in this section. For BEA’s full set of detailed estimates of U.S.
international transactions, visit BEA’s Web site at www.bea.gov.

Table F.1. U.S. International Transactions in Goods and Services
[Millions of dollars, monthly estimates seasonally adjusted]
2010
2010

2011

2011

2012

r

Dec.

Jan.

r

Feb.

r

March

r

April

r

May

r

June

r

July

r

Aug.

r

Sept.

r

Oct.

r

Nov.

r

Dec.

r

Jan.

p

Exports of goods and services ........................................ 1,837,577 2,105,046 164,006 167,864 165,741 173,997 176,315 175,744 171,806 178,395 178,639 181,156 179,593 177,567 178,229 180,807
Goods ............................................................................. 1,288,699 1,497,389 116,315 119,498 117,409 124,517 126,543 125,239 121,144 126,794 126,656 129,211 127,818 125,837 126,722 128,578
Foods, feeds, and beverages ......................................
107,705 126,145 10,277 10,421 10,571 11,248 11,050 11,016 10,182 10,159 10,380 10,333 10,256 10,189 10,341 10,439
Industrial supplies and materials.................................
391,748 499,448 36,259 39,507 38,599 41,268 43,281 41,469 39,415 42,140 42,928 44,272 42,979 41,304 42,286 41,991
Capital goods, except automotive ...............................
446,597 491,405 39,625 38,882 38,892 39,768 40,974 41,344 39,857 42,052 41,683 41,816 42,262 42,012 41,863 43,158
Automotive vehicles, parts, and engines .....................
111,989 132,519
9,832 10,784
9,915 11,316 10,546 10,769 10,822 12,086 11,093 11,279 11,221 11,007 11,682 12,732
Consumer goods (nonfood), except automotive..........
165,883 176,257 14,572 14,065 13,856 14,479 14,733 14,306 15,056 14,418 14,658 15,436 14,884 15,689 14,678 14,463
Other goods.................................................................
54,341
54,871
4,809
4,417
3,862
4,767
4,484
4,851
4,366
4,482
4,603
4,560
5,052
4,558
4,869
4,320
Adjustments 1 ..............................................................
10,436
16,743
941
1,422
1,714
1,670
1,475
1,484
1,446
1,458
1,312
1,516
1,163
1,079
1,004
1,474
Services..........................................................................
Travel ...........................................................................
Passenger fares ..........................................................
Other transportation ....................................................
Royalties and license fees...........................................
Other private services .................................................
Transfers under U.S. military agency sales contracts 2
U.S. government miscellaneous services....................

548,878
103,505
30,931
39,936
105,583
250,320
17,483
1,121

607,657
116,279
36,717
42,455
120,620
272,749
17,671
1,167

47,691
8,925
2,630
3,423
9,177
22,077
1,367
91

48,365
9,174
2,812
3,470
9,226
22,197
1,382
104

48,332
8,969
2,705
3,432
9,368
22,362
1,390
106

49,480
9,297
2,872
3,560
9,428
22,759
1,459
104

49,773
9,606
2,925
3,528
9,820
22,325
1,478
90

50,504
9,777
3,131
3,597
9,974
22,447
1,491
88

50,662
9,926
3,094
3,509
10,014
22,526
1,506
87

51,601
10,054
3,298
3,577
10,200
22,865
1,508
100

51,983
10,042
3,315
3,564
10,297
23,152
1,512
101

51,945
10,122
3,276
3,624
10,380
22,927
1,515
103

51,776
9,966
3,147
3,534
10,504
23,046
1,483
95

51,730
9,799
3,114
3,547
10,633
23,065
1,477
94

51,507
9,547
3,028
3,511
10,776
23,079
1,471
95

52,230
9,752
3,119
3,532
10,934
23,315
1,482
96

Imports of goods and services ........................................ 2,337,604 2,665,002 204,459 215,385 211,123 220,056 219,547 225,954 223,580 224,008 223,730 225,165 222,714 225,091 228,650 233,372
Goods ............................................................................. 1,934,555 2,235,681 170,713 180,788 176,773 185,232 184,348 190,344 187,945 187,735 187,323 188,471 186,288 188,673 191,761 196,061
Foods, feeds, and beverages ......................................
91,730 107,456
8,055
8,419
8,581
8,576
8,935
9,040
9,146
8,865
8,895
9,142
9,413
9,266
9,176
9,613
Industrial supplies and materials.................................
602,663 756,606 54,481 59,763 57,645 64,361 62,977 67,574 64,961 62,712 63,549 64,649 61,049 63,387 63,981 65,089
Capital goods, except automotive ...............................
449,178 510,944 40,013 41,920 39,766 41,180 41,801 43,088 42,914 43,099 42,800 42,415 43,641 43,637 44,683 44,731
Automotive vehicles, parts, and engines .....................
225,049 254,376 19,566 21,898 19,941 21,820 18,984 19,565 19,306 22,631 21,596 22,194 21,405 22,119 22,916 25,304
Consumer goods (nonfood), except automotive..........
483,268 513,478 41,173 41,814 43,863 41,746 43,824 43,163 43,113 43,099 42,231 42,201 43,032 42,317 43,075 43,245
Other goods.................................................................
61,272
64,498
5,410
4,871
4,726
5,340
5,534
5,334
5,950
4,924
5,842
5,268
5,214
5,738
5,757
5,618
Adjustments 1 ..............................................................
21,395
28,323
2,016
2,103
2,251
2,209
2,292
2,580
2,554
2,404
2,410
2,602
2,534
2,209
2,174
2,461
Services..........................................................................
Travel ...........................................................................
Passenger fares ..........................................................
Other transportation ....................................................
Royalties and license fees...........................................
Other private services .................................................
Direct defense expenditures 2 .....................................
U.S. government miscellaneous services....................
Memoranda:
Balance on goods............................................................
Balance on services ........................................................
Balance on goods and services ......................................

403,048
75,507
27,279
51,202
33,450
180,598
30,391
4,621

429,321
79,120
31,104
54,484
36,581
193,987
29,581
4,465

33,746
6,309
2,393
4,153
2,830
15,189
2,483
389

34,597
6,457
2,532
4,552
2,910
15,257
2,520
369

34,350
6,353
2,492
4,355
2,971
15,294
2,525
359

34,824
6,483
2,518
4,527
2,999
15,418
2,525
353

35,199
6,566
2,481
4,615
2,909
15,753
2,525
350

35,610
6,626
2,659
4,680
2,844
15,934
2,517
351

35,635
6,671
2,553
4,639
2,836
16,077
2,503
356

36,273
6,680
2,633
4,666
3,032
16,404
2,471
387

36,407
6,597
2,616
4,534
3,154
16,666
2,448
392

36,694
6,716
2,697
4,523
3,210
16,732
2,424
392

36,426
6,651
2,615
4,432
3,222
16,724
2,394
389

36,418
6,576
2,632
4,426
3,230
16,795
2,373
386

36,889
6,744
2,676
4,534
3,265
16,932
2,356
382

37,311
6,643
2,784
4,643
3,321
17,202
2,342
376

–645,857 –738,292 –54,399 –61,290 –59,363 –60,715 –57,805 –65,104 –66,801 –60,941 –60,667 –59,260 –58,471 –62,836 –65,039 –67,484
145,830 178,336 13,945 13,769 13,982 14,656 14,574 14,894 15,027 15,328 15,577 15,251 15,350 15,312 14,618 14,919
–500,027 –559,956 –40,454 –47,521 –45,381 –46,059 –43,231 –50,210 –51,774 –45,613 –45,091 –44,009 –43,121 –47,524 –50,421 –52,565

p Preliminary
r Revised
1. Reflects adjustments necessary to bring Census Bureau data in line with the concepts and definitions used by BEA

to prepare international and national accounts.
2. Contains goods that cannot be separately identified.
Source: U.S. Bureau of Economic Analysis and U.S. Census Bureau.

SURVEY OF CURRENT BUSINESS

March 2012

D–65

Table F.2. U.S. International Transactions
[Millions of dollars]
Not seasonally adjusted
Line

(Credits +; debits –)

2010

2010
I

II

III

IV

I

Current account
1 Exports of goods and services and income receipts ....................... 2,500,817 586,563 617,258 632,881 664,116 677,696
2 Exports of goods and services........................................................... 1,837,577 428,716 450,516 465,348 492,996 498,655
3
Goods, balance of payments basis................................................ 1,288,699 299,461 317,945 320,991 350,302 355,642
4
Services.........................................................................................
548,878 129,255 132,572 144,357 142,694 143,013
5
Transfers under U.S. military agency sales contracts................
17,483
4,312
4,498
4,532
4,141
4,231
6
Travel .........................................................................................
103,505
21,976
25,989
30,268
25,272
23,676
7
Passenger fares ........................................................................
30,931
6,740
7,478
8,871
7,841
7,887
8
Other transportation ..................................................................
39,936
9,473
10,089
10,131
10,244
10,272
9
Royalties and license fees.........................................................
105,583
24,924
26,305
26,046
28,308
27,306
10
Other private services ...............................................................
250,320
61,462
57,974
64,262
66,622
69,327
11
U.S. government miscellaneous services..................................
1,121
369
239
247
266
314
12 Income receipts..................................................................................
663,240 157,847 166,741 167,532 171,120 179,040
13
Income receipts on U.S.-owned assets abroad .............................
657,963 156,530 165,420 166,211 169,802 177,681
14
Direct investment receipts .........................................................
432,000 101,554 109,360 110,068 111,018 117,070
15
Other private receipts ................................................................
224,469
54,584
55,729
55,785
58,371
60,231
16
U.S. government receipts ..........................................................
1,494
392
331
358
413
379
17
Compensation of employees .........................................................
5,278
1,317
1,321
1,322
1,317
1,360
18 Imports of goods and services and income payments .................... –2,835,620 –647,648 –708,059 –737,291 –742,622 –739,879
19 Imports of goods and services........................................................... –2,337,604 –527,269 –585,267 –613,391 –611,677 –614,283
20
Goods, balance of payments basis................................................ –1,934,555 –433,279 –482,761 –507,368 –511,147 –515,123
21
Services.........................................................................................
–403,048 –93,990 –102,506 –106,023 –100,530 –99,161
22
Direct defense expenditures......................................................
–30,391
–7,721
–7,590
–7,609
–7,471
–7,570
23
Travel .........................................................................................
–75,507 –16,448 –20,658 –21,823 –16,578 –16,569
24
Passenger fares ........................................................................
–27,279
–5,945
–7,260
–7,277
–6,797
–7,204
25
Other transportation ..................................................................
–51,202 –11,172 –12,878 –14,134 –13,018 –12,978
26
Royalties and license fees.........................................................
–33,450
–9,000
–7,876
–7,960
–8,614
–8,894
27
Other private services ...............................................................
–180,598 –42,617 –45,128 –45,999 –46,853 –44,865
28
U.S. government miscellaneous services..................................
–4,621
–1,087
–1,116
–1,221
–1,198
–1,081
29 Income payments...............................................................................
–498,016 –120,379 –122,792 –123,900 –130,945 –125,595
30
Income payments on foreign-owned assets in the United States
–483,504 –116,699 –119,240 –120,482 –127,084 –121,944
31
Direct investment payments ......................................................
–151,361 –33,823 –36,074 –38,220 –43,245 –37,181
32
Other private payments .............................................................
–196,004 –48,916 –48,997 –48,098 –49,993 –51,014
33
U.S. government payments .......................................................
–136,139 –33,960 –34,169 –34,164 –33,846 –33,749
34
Compensation of employees .........................................................
–14,512
–3,680
–3,552
–3,419
–3,861
–3,651
35 Unilateral current transfers, net ..........................................................
–136,095 –36,235 –31,283 –35,127 –33,450 –32,698
36 U.S. government grants......................................................................
–44,717 –12,285 –10,005 –11,031 –11,396 –10,987
37 U.S. government pensions and other transfers ..................................
–10,365
–2,587
–1,576
–3,126
–3,076
–1,892
38 Private remittances and other transfers .............................................
–81,013 –21,363 –19,702 –20,969 –18,978 –19,819
Capital account
39 Capital account transactions, net.......................................................
–152
–3
–2
–146
–2
–29
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives
(increase/financial outflow (–)) ....................................................... –1,005,182 –319,416 –175,174 –293,629 –216,963 –343,848
41 U.S. official reserve assets.................................................................
–1,834
–773
–165
–1,096
200
–3,619
42
Gold ...............................................................................................
0
0
0
0
0
0
43
Special drawing rights....................................................................
–31
–7
–6
–8
–10
1,961
44
Reserve position in the International Monetary Fund....................
–1,293
–581
–77
–956
321
–6,428
45
Foreign currencies .........................................................................
–510
–185
–82
–132
–111
848
46 U.S. government assets, other than official reserve assets ...............
7,540
9,433
–2,441
788
–240
–547
47
U.S. credits and other long-term assets ........................................
–4,976
–1,247
–1,835
–1,027
–867
–1,307
48
Repayments on U.S. credits and other long-term assets ..............
2,408
399
783
679
547
610
49
U.S. foreign currency holdings and U.S. short-term assets ...........
10,108
10,281
–1,389
1,136
80
150
50 U.S. private assets ............................................................................. –1,010,888 –328,076 –172,568 –293,321 –216,923 –339,681
51
Direct investment ...........................................................................
–351,350 –116,555 –76,115 –85,529 –73,151 –98,693
52
Foreign securities ..........................................................................
–151,916 –47,028 –22,114 –39,336 –43,438 –58,171
53
U.S. claims on unaffiliated foreigners reported by U.S.
nonbanking concerns ................................................................
7,421
10,932
4,382
–2,146
–5,747 –95,007
54
U.S. claims reported by U.S. banks and securities brokers ...........
–515,043 –175,425 –78,721 –166,310 –94,587 –87,810
55 Foreign-owned assets in the United States, excluding financial
derivatives (increase/financial inflow (+)) ...................................... 1,245,736 328,462 188,526 467,361 261,387 486,470
56 Foreign official assets in the United States ........................................
349,754
89,751
66,736 135,477
57,790
48,764
57
U.S. government securities............................................................
316,980
84,837
45,128 123,736
63,279
48,814
58
U.S. Treasury securities.............................................................
397,797
97,364
31,751 188,994
79,688
33,510
59
Other .........................................................................................
–80,817 –12,527
13,377 –65,258 –16,409
15,304
60
Other U.S. government liabilities ...................................................
12,124
4,007
2,503
1,773
3,841
2,645
61
U.S. liabilities reported by U.S. banks and securities brokers........
–9,375 –16,005
3,888
10,019
–7,277
–3,073
62
Other foreign official assets ...........................................................
30,025
16,912
15,217
–51
–2,053
378
63 Other foreign assets in the United States ..........................................
895,982 238,711 121,790 331,884 203,597 437,706
64
Direct investment ...........................................................................
236,226
51,207
35,820
83,901
65,298
27,769
65
U.S. Treasury securities.................................................................
256,428
84,193
82,062
60,659
29,514
3,466
66
U.S. securities other than U.S. Treasury securities........................
120,453
5,421 –15,475
82,076
48,431
–2,590
67
U.S. currency .................................................................................
28,319
2,265
2,100
10,514
13,440
12,576
68
U.S. liabilities to unaffiliated foreigners reported by U.S.
nonbanking concerns ................................................................
77,456
27,728
21,302
11,668
16,758
42,045
69
U.S. liabilities reported by U.S. banks and securities brokers........
177,100
67,897
–4,019
83,066
30,156 354,440
70 Financial derivatives, net.....................................................................
13,735
16,152
9,980 –11,893
–504
3,220
71 Statistical discrepancy (sum of above items with sign reversed) ...
216,761
72,125
98,754 –22,157
68,039 –50,932
71a Of which: Seasonal adjustment discrepancy ..................................... ................. .............. ............... ............... ............... ..............
Memoranda:
72 Balance on goods (lines 3 and 20).........................................................
–645,857 –133,818 –164,817 –186,377 –160,845 –159,480
73 Balance on services (lines 4 and 21) .....................................................
145,830
35,265
30,066
38,334
42,165
43,852
74 Balance on goods and services (lines 2 and 19)....................................
–500,027 –98,553 –134,751 –148,042 –118,680 –115,628
75 Balance on income (lines 12 and 29) .....................................................
165,224
37,468
43,950
43,632
40,175
53,445
76 Unilateral current transfers, net (line 35) ................................................
–136,095 –36,235 –31,283 –35,127 –33,450 –32,698
77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76) –470,898 –97,320 –122,085 –139,537 –111,956 –94,881
p Preliminary
r Revised
1. Calculated excluding financial derivatives, net (line 70).

Seasonally adjusted
2011
II

r

2010
III

p

2011

I

II

III

IV

I

II

r

III

p

716,493
523,425
375,279
148,146
4,474
30,059
8,848
10,712
29,875
63,913
265
193,069
191,709
127,615
63,593
502
1,359
–810,760
–675,535
–566,315
–109,220
–7,545
–22,406
–8,236
–13,670
–8,522
–47,785
–1,057
–135,225
–131,758
–46,256
–51,731
–33,771
–3,467
–33,848
–13,179
–1,680
–18,990

727,257
538,506
378,699
159,807
4,559
35,151
10,853
10,719
29,734
68,505
285
188,751
187,388
121,424
65,547
417
1,363
–824,282
–691,553
–580,848
–110,705
–7,364
–23,166
–8,228
–14,101
–8,720
–47,988
–1,138
–132,729
–129,377
–43,063
–52,382
–33,932
–3,352
–34,050
–10,956
–2,831
–20,262

595,359
436,501
304,572
131,929
4,312
25,212
7,135
9,719
25,615
59,568
369
158,857
157,540
102,518
54,584
438
1,317
–678,617
–556,144
–457,404
–98,740
–7,721
–19,085
–6,228
–11,919
–8,998
–43,702
–1,087
–122,473
–118,856
–35,980
–48,916
–33,960
–3,617
–35,034
–12,285
–2,548
–20,201

616,163
451,134
315,954
135,180
4,498
25,395
7,725
9,998
26,227
61,097
239
165,030
163,708
107,629
55,729
350
1,321
–703,516
–581,657
–481,912
–99,745
–7,590
–18,291
–6,770
–13,018
–7,916
–45,045
–1,116
–121,859
–118,222
–35,056
–48,997
–34,169
–3,637
–32,947
–10,005
–2,590
–20,352

632,309
465,194
325,514
139,680
4,532
26,203
8,076
10,098
26,720
63,805
247
167,115
165,793
109,653
55,785
355
1,322
–717,682
–596,307
–493,336
–102,971
–7,609
–19,077
–7,022
–13,600
–8,177
–46,265
–1,221
–121,375
–117,727
–35,465
–48,098
–34,164
–3,649
–34,754
–11,031
–2,616
–21,107

656,986
484,747
342,659
142,088
4,141
26,695
7,994
10,121
27,021
65,851
266
172,239
170,921
112,199
58,371
351
1,317
–735,804
–603,496
–501,904
–101,592
–7,471
–19,054
–7,259
–12,666
–8,359
–45,585
–1,198
–132,309
–128,700
–44,861
–49,993
–33,846
–3,609
–33,360
–11,396
–2,611
–19,353

687,815
507,557
361,544
146,013
4,231
27,301
8,362
10,464
28,012
67,329
314
180,258
178,898
118,231
60,231
436
1,360
–775,129
–647,529
–543,767
–103,763
–7,570
–19,280
–7,552
–13,451
–8,879
–45,949
–1,081
–127,600
–124,012
–39,249
–51,014
–33,749
–3,588
–32,277
–10,987
–2,629
–18,661

715,046
523,834
373,045
150,789
4,474
29,164
9,122
10,636
29,822
67,306
265
191,212
189,852
125,736
63,593
523
1,359
–804,315
–670,040
–563,609
–106,430
–7,545
–19,850
–7,701
–13,949
–8,587
–47,741
–1,057
–134,276
–130,702
–45,200
–51,731
–33,771
–3,574
–35,449
–13,179
–2,654
–19,617

724,845
536,473
382,718
153,754
4,559
29,873
9,859
10,722
30,470
67,985
285
188,373
187,009
121,047
65,547
415
1,363
–802,120
–672,053
–564,469
–107,584
–7,364
–20,153
–7,954
–13,718
–8,943
–48,314
–1,138
–130,068
–126,489
–40,175
–52,382
–33,932
–3,578
–33,006
–10,956
–2,675
–19,375

–829

0

–3

–2

–146

–2

–29

–829

0

–79,501 –313,010 –168,537 –286,834 –236,802 –334,359
25,115
–4,079
–773
–165
–1,096
200
–3,619
–6,267
0
0
0
0
0
0
0
–27
–7
–6
–8
–10
1,961
–159
–3,909
–581
–77
–956
321
–6,428
–5,974
–143
–185
–82
–132
–111
848
–134
–1,265
9,433
–2,441
788
–240
–547
–1,358
–1,034
–1,247
–1,835
–1,027
–867
–1,307
–2,337
407
399
783
679
547
610
1,259
–638
10,281
–1,389
1,136
80
150
–279
–74,157 –321,669 –165,931 –286,526 –236,762 –330,193
32,740
–79,432 –110,148 –69,478 –78,734 –92,990 –89,205 –138,539
–27,561 –47,028 –22,114 –39,336 –43,438 –58,171 –30,444

–70,833
–4,079
0
–27
–3,909
–143
–1,265
–1,034
407
–638
–65,490
–70,765
–27,561

18,697
–6,267
0
–159
–5,974
–134
–1,358
–2,337
1,259
–279
26,322
–144,957
–30,444
7,069
194,654
6,841
95,143
76,346
79,552
–3,206
2,089
15,319
1,389
–88,302
56,176
–59,320
–10,743
13,989

18,944
10,932
13,892 –175,425

4,382
–2,146
–78,721 –166,310

–5,747
–94,587

–95,007
–87,810

7,069
194,654

18,944
13,892

487,194
48,764
48,814
33,510
15,304
2,645
–3,073
378
438,430
28,493
3,466
–2,590
12,576

2,767
95,143
76,346
79,552
–3,206
2,089
15,319
1,389
–92,376
52,102
–59,320
–10,743
13,989

254,742
24,371
15,733
31,311
–15,578
2,365
5,041
1,232
230,371
75,267
123,814
–22,962
9,614

42,045
24,204
354,440 –112,608
3,220
7,504
–36,436
90,161
14,497
–5,740

–19,020
63,658
n.a.
1 –73,627
–24,678

259,524
24,371
15,733
31,311
–15,578
2,365
5,041
1,232
235,153
80,049
123,814
–22,962
9,614

329,340
89,751
84,837
97,364
–12,527
4,007
–16,005
16,912
239,589
52,085
84,193
5,421
2,265

186,636
66,736
45,128
31,751
13,377
2,503
3,888
15,217
119,900
33,930
82,062
–15,475
2,100

463,115
135,477
123,736
188,994
–65,258
1,773
10,019
–51
327,638
79,655
60,659
82,076
10,514

266,646
57,790
63,279
79,688
–16,409
3,841
–7,277
–2,053
208,856
70,557
29,514
48,431
13,440

24,204 –19,020
–112,608
63,658
7,504
n.a.
1
95,901 –48,949
.............. ...............

27,728
67,897
16,152
85,813
13,688

21,302
–4,019
9,980
92,223
–6,531

11,668
83,066
–11,893
–44,116
–21,959

16,758
30,156
–504
82,841
14,802

–191,036 –202,149 –152,832 –165,958 –167,822 –159,245 –182,222 –190,564 –181,750
38,926
49,102
33,189
35,435
36,709
40,496
42,250
44,359
46,170
–152,110 –153,047 –119,642 –130,523 –131,113 –118,749 –139,972 –146,205 –135,580
57,844
56,022
36,384
43,170
45,740
39,930
52,658
56,936
58,305
–33,848 –34,050 –35,034 –32,947 –34,754 –33,360 –32,277 –35,449 –33,006
–128,115 –131,074 –118,292 –120,300 –120,127 –112,179 –119,591 –124,719 –110,281

International Data

D–66

March 2012

Table F.3. U.S. International Transactions, by Area—Continues
[Millions of dollars]
Europe
Line

European Union

Euro area

United Kingdom

(Credits +; debits –)
2011:II

r

2011:III

p

2011:II

r

2011:III

p

2011:II

r

2011:III

p

2011:II

r

2011:III

p

Current account
1 Exports of goods and services and income receipts ...........................
225,583
223,912
187,690
185,800
130,217
130,060
46,239
44,853
2 Exports of goods and services...............................................................
141,800
144,895
117,327
119,279
80,671
82,175
28,077
28,696
3
Goods, balance of payments basis....................................................
85,364
83,924
70,152
68,108
50,490
49,056
14,842
14,689
4
Services.............................................................................................
56,436
60,971
47,175
51,171
30,180
33,118
13,235
14,007
5
Transfers under U.S. military agency sales contracts....................
422
565
240
271
128
153
76
33
6
Travel .............................................................................................
8,509
10,985
7,677
10,023
4,219
6,064
2,674
3,137
7
Passenger fares ............................................................................
2,554
3,486
2,313
3,153
1,260
1,894
844
993
8
Other transportation ......................................................................
4,111
4,171
3,485
3,590
1,882
1,901
985
1,034
9
Royalties and license fees.............................................................
15,095
15,193
12,238
12,318
9,895
9,991
1,762
1,750
10
Other private services ...................................................................
25,679
26,503
21,171
21,764
12,763
13,082
6,882
7,048
11
U.S. government miscellaneous services......................................
66
67
51
52
34
34
12
13
12 Income receipts......................................................................................
83,783
79,017
70,363
66,522
49,546
47,885
18,162
16,157
13
Income receipts on U.S.-owned assets abroad .................................
83,651
78,881
70,264
66,419
49,498
47,837
18,134
16,128
14
Direct investment receipts .............................................................
57,358
51,926
47,213
42,750
37,069
35,148
8,881
6,514
15
Other private receipts ....................................................................
26,156
26,803
22,922
23,530
12,305
12,552
9,248
9,613
16
U.S. government receipts ..............................................................
137
152
129
139
124
137
5
1
17
Compensation of employees .............................................................
132
136
99
103
48
48
28
29
18 Imports of goods and services and income payments ........................
–234,708
–223,094
–195,127
–185,646
–135,107
–129,664
–45,163
–42,134
19 Imports of goods and services...............................................................
–166,378
–159,734
–136,558
–132,793
–99,726
–96,593
–25,210
–25,054
20
Goods, balance of payments basis....................................................
–119,083
–112,176
–96,510
–92,385
–74,576
–71,333
–13,321
–13,098
21
Services.............................................................................................
–47,295
–47,558
–40,047
–40,409
–25,150
–25,260
–11,889
–11,957
22
Direct defense expenditures..........................................................
–3,157
–3,067
–2,897
–2,822
–2,615
–2,551
–268
–255
23
Travel .............................................................................................
–7,823
–7,627
–6,987
–6,750
–4,921
–4,801
–1,584
–1,435
24
Passenger fares ............................................................................
–3,918
–3,982
–3,563
–3,708
–2,292
–2,217
–1,096
–1,232
25
Other transportation ......................................................................
–5,649
–5,909
–4,526
–4,839
–2,778
–2,893
–791
–943
26
Royalties and license fees.............................................................
–5,713
–5,841
–4,441
–4,578
–3,120
–3,218
–861
–888
27
Other private services ...................................................................
–20,523
–20,558
–17,294
–17,345
–9,135
–9,269
–7,258
–7,169
28
U.S. government miscellaneous services......................................
–512
–574
–339
–367
–288
–311
–31
–34
29 Income payments...................................................................................
–68,330
–63,361
–58,570
–52,853
–35,381
–33,071
–19,953
–17,080
30
Income payments on foreign-owned assets in the United States ......
–68,116
–63,168
–58,400
–52,699
–35,292
–32,987
–19,902
–17,033
31
Direct investment payments ..........................................................
–34,874
–29,654
–30,375
–24,574
–18,427
–15,907
–10,026
–7,146
32
Other private payments .................................................................
–28,093
–28,239
–24,934
–25,014
–14,792
–15,064
–9,264
–9,201
33
U.S. government payments ...........................................................
–5,149
–5,275
–3,091
–3,111
–2,073
–2,016
–612
–686
34
Compensation of employees .............................................................
–214
–193
–170
–154
–89
–84
–52
–47
35 Unilateral current transfers, net ..............................................................
–1,931
–2,113
–1,090
–1,052
–1,108
–1,090
–237
–194
36 U.S. government grants..........................................................................
–357
–469
–43
–25
–14
–6
0
0
37 U.S. government pensions and other transfers ......................................
–513
–532
–477
–496
–356
–363
–78
–78
38 Private remittances and other transfers .................................................
–1,061
–1,112
–570
–531
–738
–720
–159
–116
Capital account
39 Capital account transactions, net...........................................................
–4
0
0
0
0
0
0
0
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives (increase/
financial outflow (–)) ............................................................................
–32,672
76,290
–46,767
111,275
–97,266
119,804
44,898
–14,257
41 U.S. official reserve assets.....................................................................
–121
–125
–111
–114
–110
–114
0
0
42
Gold ...................................................................................................
0
0
0
0
0
0
0
0
43
Special drawing rights........................................................................ .............................. .............................. .............................. .............................. .............................. ............................... .............................. .............................
44
Reserve position in the International Monetary Fund........................ .............................. .............................. .............................. .............................. .............................. ............................... .............................. .............................
45
Foreign currencies .............................................................................
–121
–125
–111
–114
–110
–114 .............................. .............................
46 U.S. government assets, other than official reserve assets ...................
–177
–447
–228
–475
–82
–471
–112
(*)
47
U.S. credits and other long-term assets ............................................
–263
–3
–254
–1
–108
0
–111
0
48
Repayments on U.S. credits and other long-term assets ..................
61
62
9
27
8
30
0
0
49
U.S. foreign currency holdings and U.S. short-term assets ...............
25
–505
17
–501
18
–501
(*)
(*)
50 U.S. private assets .................................................................................
–32,374
76,861
–46,428
111,864
–97,074
120,389
45,010
–14,257
51
Direct investment ...............................................................................
–82,234
–40,360
–73,541
–37,220
–49,213
–26,601
–17,276
–9,380
52
Foreign securities ..............................................................................
–22,026
670
–34,022
–2,081
–13,299
9,498
–17,507
–9,290
53
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking
concerns........................................................................................
194
–18,621
167
–18,929
4,145
–8,301
–7,173
–17,441
54
U.S. claims reported by U.S. banks and securities brokers...............
71,692
135,172
60,968
170,094
–38,707
145,793
86,966
21,854
55 Foreign-owned assets in the United States, excluding financial
derivatives (increase/financial inflow (+)) ..........................................
–49,039
188,454
–69,415
125,150
–3,341
54,146
–59,305
73,515
( 2)
( 2)
( 2)
( 2)
( 2)
56 Foreign official assets in the United States ............................................
8,626
37,385
( 2)
57
U.S. government securities................................................................
( 1)
( 1)
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
58
U.S. Treasury securities.................................................................
( 1)
( 1)
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
59
Other .............................................................................................
( 1)
( 1)
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
60
Other U.S. government liabilities .......................................................
–70
–267
–20
6
40
35
7
78
61
U.S. liabilities reported by U.S. banks and securities brokers............
( 1)
( 1)
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
62
Other foreign official assets ...............................................................
( 1)
( 1)
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
63 Other foreign assets in the United States ..............................................
–57,665
151,069
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
64
Direct investment ...............................................................................
26,784
44,964
18,660
37,174
16,390
28,634
10,229
4,887
65
U.S. Treasury securities.....................................................................
–21,809
91,075
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
66
U.S. securities other than U.S. Treasury securities............................
–45,179
–52,325
–46,236
–46,274
–14,553
–35,703
–33,177
–7,702
67
U.S. currency .....................................................................................
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
68
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
concerns........................................................................................
24,477
–24,290
25,086
–24,903
3,617
344
21,579
–25,459
2 –66,905
2 159,147
2 –8,835
2 60,836
2 –57,943
2 101,711
69
U.S. liabilities reported by U.S. banks and securities brokers............
–41,938
91,645
70 Financial derivatives, net.........................................................................
662
n.a.
599
n.a.
–867
n.a.
1,694
n.a.
4 –263,448
4 –235,527
4 –173,256
4 –61,782
124,110
107,471
11,874
71 Statistical discrepancy (sum of above items with sign reversed) .......
92,109
Memoranda:
72 Balance on goods (lines 3 and 20).............................................................
–33,719
–28,252
–26,359
–24,276
–24,086
–22,277
1,521
1,591
73 Balance on services (lines 4 and 21) .........................................................
9,141
13,413
7,128
10,762
5,031
7,858
1,346
2,051
74 Balance on goods and services (lines 2 and 19)........................................
–24,579
–14,839
–19,230
–13,515
–19,055
–14,418
2,867
3,642
75 Balance on income (lines 12 and 29) .........................................................
15,453
15,656
11,794
13,669
14,165
14,815
–1,792
–923
76 Unilateral current transfers, net (line 35) ....................................................
–1,931
–2,113
–1,090
–1,052
–1,108
–1,090
–237
–194
77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76)
–11,056
–1,295
–8,527
–898
–5,998
–693
839
2,524
p Preliminary
r Revised
(*) Transactions are less than $500,000 (+/–)
1. Details not shown separately; see totals in lines 56 and 63.

2. Details not shown separately are included in line 69.
3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for
China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific.
4. Calculated excluding financial derivatives, net (line 70).

SURVEY OF CURRENT BUSINESS

March 2012

D–67

Table F.3. U.S. International Transactions, by Area—Continues
[Millions of dollars]
Latin America and Other
Western Hemisphere

Canada
Line

(Credits +; debits –)
2011:II

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77

r

2011:III

p

2011:II

r

2011:III

p

Mexico
2011:II

r

2011:III

Asia and Pacific
p

2011:II

r

2011:III

Australia
p

2011:II

r

2011:III

p

Current account
Exports of goods and services and income receipts ...........................
102,959
102,636
158,262
163,081
59,929
61,467
175,619
182,530
15,952
17,169
Exports of goods and services...............................................................
87,920
85,789
119,117
125,159
55,305
57,488
141,764
149,019
10,571
11,522
Goods, balance of payments basis....................................................
72,958
71,506
91,145
94,950
49,115
51,079
102,338
105,040
6,408
7,201
Services.............................................................................................
14,962
14,283
27,972
30,209
6,190
6,409
39,426
43,979
4,163
4,321
Transfers under U.S. military agency sales contracts....................
67
38
150
145
16
14
2,486
2,529
110
56
Travel .............................................................................................
5,584
4,596
6,373
7,740
1,620
1,621
8,316
9,997
1,087
1,250
Passenger fares ............................................................................
1,228
1,442
2,449
2,816
692
710
2,322
2,717
128
135
Other transportation ......................................................................
867
794
1,420
1,424
262
305
3,597
3,644
107
125
Royalties and license fees.............................................................
2,458
2,416
3,653
3,641
697
693
8,147
7,966
769
765
Other private services ...................................................................
4,749
4,988
13,878
14,395
2,896
3,058
14,453
17,006
1,959
1,988
U.S. government miscellaneous services......................................
9
9
49
48
8
8
105
119
3
3
Income receipts......................................................................................
15,039
16,847
39,145
37,922
4,624
3,979
33,854
33,511
5,381
5,647
Income receipts on U.S.-owned assets abroad .................................
14,988
16,796
39,103
37,880
4,616
3,970
33,748
33,404
5,374
5,641
Direct investment receipts .............................................................
9,226
10,827
26,574
25,177
3,537
2,931
22,524
21,644
2,716
2,861
Other private receipts ....................................................................
5,762
5,968
12,476
12,687
1,059
1,039
11,102
11,690
2,658
2,780
U.S. government receipts ..............................................................
(*)
1
53
16
20
(*)
122
70
0
0
Compensation of employees .............................................................
51
51
42
42
8
8
106
106
7
7
Imports of goods and services and income payments ........................
–95,547
–98,027
–152,278
–152,183
–74,893
–74,362
–262,191
–282,413
–6,295
–6,146
Imports of goods and services...............................................................
–89,105
–90,785
–135,437
–134,458
–71,593
–71,002
–225,603
–245,300
–4,115
–4,377
Goods, balance of payments basis....................................................
–81,784
–81,923
–113,806
–113,065
–68,062
–67,697
–199,329
–219,090
–2,650
–2,833
Services.............................................................................................
–7,321
–8,862
–21,632
–21,393
–3,532
–3,306
–26,274
–26,210
–1,466
–1,543
Direct defense expenditures..........................................................
–46
–60
–76
–75
–2
–2
–2,450
–2,450
–63
–40
Travel .............................................................................................
–1,968
–3,432
–6,469
–6,043
–2,217
–1,918
–4,470
–4,312
–384
–391
Passenger fares ............................................................................
–139
–202
–805
–849
–168
–191
–2,614
–2,471
–169
–242
Other transportation ......................................................................
–1,257
–1,207
–1,329
–1,354
–204
–217
–4,841
–5,015
–70
–71
Royalties and license fees.............................................................
–279
–297
–629
–671
–132
–142
–1,829
–1,835
–113
–116
Other private services ...................................................................
–3,581
–3,608
–12,159
–12,236
–756
–783
–9,884
–9,936
–651
–668
U.S. government miscellaneous services......................................
–51
–57
–165
–166
–52
–53
–186
–190
–14
–15
Income payments...................................................................................
–6,442
–7,241
–16,841
–17,726
–3,299
–3,359
–36,588
–37,113
–2,180
–1,769
Income payments on foreign-owned assets in the United States ......
–6,290
–7,097
–14,253
–15,128
–1,047
–1,059
–36,180
–36,783
–2,167
–1,758
Direct investment payments ..........................................................
–2,835
–3,574
–438
–1,061
–337
–319
–6,011
–6,489
–1,332
–889
Other private payments .................................................................
–2,816
–2,908
–10,647
–10,719
–322
–333
–6,736
–6,967
–733
–757
U.S. government payments ...........................................................
–639
–615
–3,168
–3,348
–388
–407
–23,433
–23,327
–102
–112
Compensation of employees .............................................................
–152
–144
–2,588
–2,597
–2,252
–2,300
–408
–330
–13
–11
Unilateral current transfers, net ..............................................................
–668
–743
–6,313
–6,357
–3,267
–3,302
–8,228
–8,580
–170
–161
U.S. government grants..........................................................................
0
0
–699
–766
–106
–119
–3,933
–3,536
0
0
U.S. government pensions and other transfers ......................................
–181
–179
–229
–228
–96
–95
–290
–296
–27
–29
Private remittances and other transfers .................................................
–487
–564
–5,386
–5,363
–3,065
–3,088
–4,005
–4,748
–143
–132
Capital account
Capital account transactions, net...........................................................
0
0
–1
0
0
0
0
0
0
0
Financial account
U.S.-owned assets abroad, excluding financial derivatives (increase/
financial outflow (–)) ............................................................................
–41,269
–28,030
157,662
–107,589
–3,047
–8,532
–51,060
–11,109
–10,589
3,000
U.S. official reserve assets.....................................................................
0
0
0
0
0
0
–13
–18
0
0
Gold ...................................................................................................
0
0
0
0
0
0
0
0
0
0
Special drawing rights........................................................................ ....................... ....................... ........................ ....................... ....................... ........................ ....................... ........................ ....................... .......................
Reserve position in the International Monetary Fund........................ ....................... ....................... ........................ ....................... ....................... ........................ ....................... ........................ ....................... .......................
Foreign currencies ............................................................................. ....................... ....................... ........................ ....................... ....................... ........................
–13
–18 ....................... .......................
U.S. government assets, other than official reserve assets ...................
1
1
83
–51
47
4
–605
–213
2
–2
U.S. credits and other long-term assets ............................................
0
0
–86
–90
–2
–1
–449
–212
0
0
Repayments on U.S. credits and other long-term assets ..................
1
1
178
50
53
1
143
125
0
0
U.S. foreign currency holdings and U.S. short-term assets ...............
(*)
(*)
–9
–11
–5
4
–299
–127
2
–2
U.S. private assets .................................................................................
–41,270
–28,032
157,580
–107,538
–3,093
–8,536
–50,442
–10,878
–10,591
3,002
Direct investment ...............................................................................
–20,184
–6,233
–16,499
–24,383
–2,272
–2,513
–17,363
401
–3,785
–2,163
Foreign securities ..............................................................................
–7,851
–17,582
–12,613
–27,042
–1,577
–6,326
9,856
17,427
3,002
3,157
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking
concerns........................................................................................
–1,804
–1,623
11,721
36,851
–743
169
–2,958
1,900
–1,179
1,286
U.S. claims reported by U.S. banks and securities brokers ...............
–11,431
–2,594
174,971
–92,964
1,499
134
–39,977
–30,606
–8,629
722
Foreign-owned assets in the United States, excluding financial
derivatives (increase/financial inflow (+)) ..........................................
12,669
10,305
–50,341
10,360
–2,192
8,210
55,280
44,515
10,461
21,396
Foreign official assets in the United States ............................................
3,769
–1,993
16,811
–948
( 2)
( 2)
53,706
–14,606
( 2)
( 2)
1
1
1
1
2
2
1
1
2
U.S. government securities................................................................
()
( )
( )
( )
( )
( )
( )
( )
( )
( 2)
U.S. Treasury securities.................................................................
( 1)
( 1)
( 1)
( 1)
( 2)
( 2)
( 1)
( 1)
( 2)
( 2)
1
1
1
1
2
2
1
1
2
Other .............................................................................................
()
( )
( )
( )
( )
( )
( )
( )
( )
( 2)
Other U.S. government liabilities .......................................................
–129
70
48
62
17
19
1,672
1,365
289
227
1
1
1
1
2
2
1
1
2
U.S. liabilities reported by U.S. banks and securities brokers............
()
( )
( )
( )
( )
( )
( )
( )
( )
( 2)
Other foreign official assets ...............................................................
( 1)
( 1)
( 1)
( 1)
( 2)
( 2)
( 1)
( 1)
( 2)
( 2)
( 2)
1,574
59,121
( 2)
( 2)
Other foreign assets in the United States ..............................................
8,900
12,298
–67,152
11,308
( 2)
Direct investment ...............................................................................
1,619
6,109
14,093
–509
256
263
8,477
27,183
–328
17,904
U.S. Treasury securities.....................................................................
( 1)
( 1)
( 1)
( 1)
( 2)
( 2)
( 1)
( 1)
( 2)
( 2)
U.S. securities other than U.S. Treasury securities............................
12,438
–96
13,878
18,659
945
1,882
8,154
9,995
2,851
–873
U.S. currency .....................................................................................
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
concerns........................................................................................
( 1)
( 1)
( 1)
( 1)
323
–280
( 1)
( 1)
105
–153
2 –3,733
2 6,326
2 7,544
2 4,291
U.S. liabilities reported by U.S. banks and securities brokers............
7,081
2,230
–87,945
–35,497
1,547
13,962
3
3
Financial derivatives, net.........................................................................
1,275
n.a.
5,643
n.a.
( )
( )
–570
n.a.
936
n.a.
4 13,860
4 92,688
4 16,520
4 75,056
4 –35,259
–112,633
23,470
91,150
–10,295
Statistical discrepancy (sum of above items with sign reversed) .......
20,580
Memoranda:
Balance on goods (lines 3 and 20).............................................................
–8,826
–10,417
–22,661
–18,115
–18,947
–16,618
–96,991
–114,051
3,758
4,368
Balance on services (lines 4 and 21) .........................................................
7,641
5,421
6,340
8,816
2,658
3,104
13,153
17,769
2,697
2,777
Balance on goods and services (lines 2 and 19)........................................
–1,185
–4,996
–16,321
–9,298
–16,288
–13,514
–83,838
–96,281
6,456
7,145
Balance on income (lines 12 and 29) .........................................................
8,597
9,605
22,304
20,196
1,324
619
–2,733
–3,602
3,201
3,878
Unilateral current transfers, net (line 35) ....................................................
–668
–743
–6,313
–6,357
–3,267
–3,302
–8,228
–8,580
–170
–161
Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76)
6,745
3,866
–330
4,541
–18,231
–16,198
–94,800
–108,463
9,487
10,863

p Preliminary
r Revised
(*) Transactions are less than $500,000 (+/–)
1. Details not shown separately; see totals in lines 56 and 63.

2. Details not shown separately are included in line 69.
3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for
China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific.
4. Calculated excluding financial derivatives, net (line 70).

International Data

D–68

March 2012

Table F.3. U.S. International Transactions, by Area—Table Ends
[Millions of dollars]
China
Line

India

Japan

Middle East

Africa

(Credits +; debits –)
2011:II

r

2011:III

p

2011:II

r

2011:III

p

2011:II

r

2011:III

p

2011:II

r

2011:III

p

2011:II

r

2011:III

p

Current account
1 Exports of goods and services and income receipts ...........................
32,794
35,459
10,566
10,105
33,857
35,202
24,821
25,608
14,966
14,896
2 Exports of goods and services...............................................................
29,034
32,072
9,037
8,720
27,603
28,749
20,198
20,967
12,006
12,035
3
Goods, balance of payments basis....................................................
23,846
25,308
6,048
5,442
16,664
16,596
14,661
14,731
8,813
8,548
4
Services.............................................................................................
5,188
6,763
2,989
3,278
10,939
12,152
5,538
6,236
3,194
3,488
5
Transfers under U.S. military agency sales contracts....................
(*)
(*)
31
4
78
106
1,149
1,119
186
130
6
Travel .............................................................................................
1,027
1,630
1,185
978
2,580
3,423
825
1,289
452
544
7
Passenger fares ............................................................................
319
524
499
417
1,172
1,440
137
203
158
189
8
Other transportation ......................................................................
619
639
91
85
948
929
580
539
126
130
9
Royalties and license fees.............................................................
947
943
163
161
2,536
2,487
243
240
276
275
10
Other private services ...................................................................
2,270
3,021
1,007
1,622
3,587
3,723
2,586
2,825
1,978
2,199
11
U.S. government miscellaneous services......................................
6
6
12
12
38
45
18
22
19
20
12 Income receipts......................................................................................
3,760
3,387
1,530
1,384
6,254
6,453
4,622
4,640
2,960
2,860
13
Income receipts on U.S.-owned assets abroad .................................
3,744
3,371
1,525
1,380
6,235
6,434
4,577
4,595
2,938
2,839
14
Direct investment receipts .............................................................
3,079
2,674
959
762
2,916
2,824
3,989
4,014
2,343
2,235
15
Other private receipts ....................................................................
662
687
565
613
3,306
3,592
558
548
531
546
16
U.S. government receipts ..............................................................
4
10
2
5
13
18
30
33
64
58
17
Compensation of employees .............................................................
16
16
5
5
20
20
45
45
22
22
18 Imports of goods and services and income payments ........................
–111,714
–123,696
–14,430
–14,305
–48,243
–56,371
–34,179
–36,693
–27,475
–27,403
19 Imports of goods and services...............................................................
–100,020
–112,098
–14,066
–13,975
–33,716
–40,698
–31,980
–34,406
–26,978
–26,800
20
Goods, balance of payments basis....................................................
–97,044
–109,267
–10,063
–9,646
–27,284
–34,263
–27,417
–30,073
–24,895
–24,520
21
Services.............................................................................................
–2,975
–2,831
–4,003
–4,330
–6,431
–6,435
–4,563
–4,333
–2,083
–2,280
22
Direct defense expenditures..........................................................
–3
–3
–12
–3
–567
–561
–1,706
–1,605
–110
–107
23
Travel .............................................................................................
–784
–617
–352
–629
–919
–953
–862
–763
–814
–989
24
Passenger fares ............................................................................
–174
–148
–45
–48
–407
–365
–588
–562
–172
–162
25
Other transportation ......................................................................
–777
–807
–39
–60
–1,520
–1,546
–413
–408
–145
–157
26
Royalties and license fees.............................................................
–44
–48
–63
–67
–1,542
–1,535
–49
–53
–11
–11
27
Other private services ...................................................................
–1,175
–1,190
–3,486
–3,517
–1,448
–1,448
–871
–861
–761
–783
28
U.S. government miscellaneous services......................................
–17
–18
–6
–6
–28
–26
–73
–80
–70
–70
29 Income payments...................................................................................
–11,694
–11,598
–365
–329
–14,528
–15,673
–2,198
–2,286
–497
–603
30
Income payments on foreign-owned assets in the United States ......
–11,562
–11,485
–293
–276
–14,498
–15,646
–2,164
–2,259
–427
–543
31
Direct investment payments ..........................................................
–169
–199
–100
–90
–3,811
–4,787
5
–64
–126
–245
32
Other private payments .................................................................
–934
–985
–41
–39
–2,915
–3,007
–1,265
–1,309
–98
–99
33
U.S. government payments ...........................................................
–10,459
–10,301
–152
–147
–7,772
–7,852
–904
–886
–203
–199
34
Compensation of employees .............................................................
–132
–113
–72
–54
–30
–26
–35
–28
–71
–60
35 Unilateral current transfers, net ..............................................................
–739
–880
–1,121
–1,325
–281
–231
–4,014
–2,213
–5,461
–4,457
36 U.S. government grants..........................................................................
–7
–6
–36
–28
–30
–24
–3,077
–1,222
–3,387
–2,291
37 U.S. government pensions and other transfers ......................................
–3
–3
–7
–7
–81
–82
–36
–36
–10
–9
38 Private remittances and other transfers .................................................
–729
–871
–1,078
–1,290
–170
–125
–901
–955
–2,064
–2,157
Capital account
39 Capital account transactions, net...........................................................
0
0
0
0
0
0
0
0
–823 .......................
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives (increase/
financial outflow (–)) ............................................................................
–1,445
6,214
–5,114
–3,392
–14,644
–5,197
3,724
–760
–2,402
–748
41 U.S. official reserve assets.....................................................................
0
0
0
0
–13
–18
0
0
0
0
42
Gold ...................................................................................................
0
0
0
0
0
0
0
0
0
0
43
Special drawing rights........................................................................ ....................... ....................... ........................ ....................... ........................ ........................ ....................... ........................ ....................... .......................
44
Reserve position in the International Monetary Fund........................ ....................... ....................... ........................ ....................... ........................ ........................ ....................... ........................ ....................... .......................
45
Foreign currencies ............................................................................. ....................... ....................... ........................ .......................
–13
–18 ....................... ........................ ....................... .......................
46 U.S. government assets, other than official reserve assets ...................
(*)
55
–17
12
–3
–4
8
–336
730
34
47
U.S. credits and other long-term assets ............................................
0
0
–19
0
0
0
–62
–370
–57
–104
48
Repayments on U.S. credits and other long-term assets ..................
22
35
7
13
0
0
66
35
787
133
49
U.S. foreign currency holdings and U.S. short-term assets ...............
–22
20
–4
–1
–3
–4
4
–1
0
6
50 U.S. private assets .................................................................................
–1,445
6,159
–5,098
–3,405
–14,628
–5,175
3,716
–424
–3,132
–783
51
Direct investment ...............................................................................
–1,814
6,234
–1,012
–478
–2,036
–1,323
–1,400
–1,080
–1,674
–2,179
52
Foreign securities ..............................................................................
1,628
–3,648
–1,384
–79
4,358
7,307
2,788
601
–71
–2,161
53
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking
concerns........................................................................................
–359
311
–442
–385
–510
680
21
258
–122
179
54
U.S. claims reported by U.S. banks and securities brokers...............
–900
3,262
–2,260
–2,463
–16,440
–11,839
2,307
–203
–1,265
3,378
55 Foreign-owned assets in the United States, excluding financial
derivatives (increase/financial inflow (+)) ..........................................
21,141
–34,641
–4,125
–2,761
–3,016
82,986
14,802
6,739
3,658
–7,662
56 Foreign official assets in the United States ............................................
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
11,089
11,603
1,140
–7,066
57
U.S. government securities................................................................
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
( 1)
( 1)
( 1)
( 1)
58
U.S. Treasury securities.................................................................
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
( 1)
( 1)
( 1)
( 1)
59
Other .............................................................................................
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
( 1)
( 1)
( 1)
( 1)
60
Other U.S. government liabilities .......................................................
0
0
47
156
0
–17
637
1,116
–71
23
61
U.S. liabilities reported by U.S. banks and securities brokers............
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
( 1)
( 1)
( 1)
( 1)
62
Other foreign official assets ...............................................................
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
( 1)
( 1)
( 1)
( 1)
63 Other foreign assets in the United States ..............................................
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
3,713
–4,864
2,518
–596
64
Direct investment ...............................................................................
135
75
138
189
6,316
7,595
1,435
228
1,790
99
2
2
2
2
2
65
U.S. Treasury securities.....................................................................
( )
()
( )
()
( )
( 2)
( 1)
( 1)
( 1)
( 1)
66
U.S. securities other than U.S. Treasury securities............................
–2,751
1,090
–168
–99
4,510
14,963
892
1,138
13
–345
67
U.S. currency .....................................................................................
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
68
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
concerns........................................................................................
–194
1,424
–46
–27
–390
398
( 1)
( 1)
( 1)
( 1)
2 23,951
2 –37,230
2 –4,096
2 –2,980
2 –13,452
2 60,047
69
U.S. liabilities reported by U.S. banks and securities brokers............
2,255
–1,754
489
–97
( 3)
( 3)
( 3)
–1,810
n.a.
( 3)
( 3)
666
n.a.
70 Financial derivatives, net.........................................................................
( 3)
4 117,545
4 11,679
4 –56,389
4 7,320
4 25,374
71 Statistical discrepancy (sum of above items with sign reversed) .......
59,963
14,225
34,137
–5,154
16,873
Memoranda:
72 Balance on goods (lines 3 and 20).............................................................
–73,199
–83,959
–4,015
–4,203
–10,621
–17,667
–12,757
–15,342
–16,082
–15,973
73 Balance on services (lines 4 and 21) .........................................................
2,213
3,933
–1,014
–1,052
4,508
5,718
975
1,903
1,111
1,208
74 Balance on goods and services (lines 2 and 19)........................................
–70,986
–80,026
–5,029
–5,255
–6,113
–11,949
–11,782
–13,439
–14,971
–14,765
75 Balance on income (lines 12 and 29) .........................................................
–7,934
–8,211
1,165
1,055
–8,274
–9,219
2,424
2,354
2,462
2,257
76 Unilateral current transfers, net (line 35) ....................................................
–739
–880
–1,121
–1,325
–281
–231
–4,014
–2,213
–5,461
–4,457
77 Balance on current account (lines 1, 18, and 35 or lines 74, 75, and 76)
–79,659
–89,118
–4,985
–5,525
–14,668
–21,400
–13,372
–13,298
–17,970
–16,964
p Preliminary
r Revised
(*) Transactions are less than $500,000 (+/–)
1. Details not shown separately; see totals in lines 56 and 63.

2. Details not shown separately are included in line 69.
3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for
China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific.
4. Calculated excluding financial derivatives, net (line 70).

SURVEY OF CURRENT BUSINESS

March 2012

D–69

Table F.4. Private Services Transactions
[Millions of dollars]
Not seasonally adjusted
Line

2010

2010
I

II

Seasonally adjusted
2011

III

IV

I

II

r

2010
III

p

I

II

2011
III

IV

I

II

r

III

p

1 Exports of private services ......................................................................... 530,274 124,574 127,834 139,578 138,287 138,468 143,407 154,963 127,248 130,443 134,902 137,681 141,467 146,049 148,910
2 Travel (table F.2, line 6)............................................................................... 103,505 21,976 25,989 30,268 25,272 23,676 30,059 35,151 25,212 25,395 26,203 26,695 27,301 29,164 29,873
3 Passenger fares (table F.2, line 7)..............................................................
30,931
6,740
7,478
8,871
7,841
7,887
8,848 10,853
7,135
7,725
8,076
7,994
8,362
9,122
9,859
4 Other transportation (table F.2, line 8)........................................................
39,936
9,473 10,089 10,131 10,244 10,272 10,712 10,719
9,719
9,998 10,098 10,121 10,464 10,636 10,722
5
Freight....................................................................................................
19,768
4,736
5,024
4,929
5,079
5,030
5,425
5,359
4,870
4,978
4,920
5,000
5,168
5,368
5,360
6
Port services..........................................................................................
20,168
4,736
5,065
5,202
5,164
5,242
5,287
5,360
4,848
5,020
5,178
5,121
5,296
5,268
5,362
7 Royalties and license fees (table F.2, line 9) .............................................. 105,583 24,924 26,305 26,046 28,308 27,306 29,875 29,734 25,615 26,227 26,720 27,021 28,012 29,822 30,470
By type: 1
8
Industrial processes 2 .......................................................................
35,818
8,321
9,280
9,002
9,215
9,569 10,543 10,769
8,321
9,280
9,002
9,215
9,569 10,543 10,769
9
Other 3 ..............................................................................................
69,765 16,602 17,025 17,044 19,093 17,737 19,332 18,966 17,293 16,948 17,718 17,806 18,443 19,279 19,702
By affiliation:
10
U.S. parents’ receipts from their foreign affiliates..............................
63,068 14,629 15,533 15,898 17,008 16,042 18,403 18,808 14,997 15,606 15,900 16,565 16,431 18,504 18,797
11
U.S. affiliates’ receipts from their foreign parent groups....................
3,327
746
810
865
905
1,007
946
955
746
810
865
905
1,007
946
955
12
U.S. receipts from unaffiliated foreigners...........................................
39,188
9,548
9,962
9,283 10,395 10,257 10,526
9,972
9,871
9,811
9,955
9,551 10,574 10,372 10,719
13 Other private services (table F.2, line 10)................................................... 250,320 61,462 57,974 64,262 66,622 69,327 63,913 68,505 59,568 61,097 63,805 65,851 67,329 67,306 67,985
By type: 1
14
Education ..........................................................................................
21,291
8,757
2,570
6,013
3,952
9,381
2,747
6,471
5,186
5,275
5,373
5,458
5,549
5,649
5,763
15
Financial services..............................................................................
66,387 15,651 15,699 16,785 18,252 17,627 17,944 17,724 15,651 15,699 16,785 18,252 17,627 17,944 17,724
16
Insurance services ............................................................................
14,605
3,420
3,487
3,729
3,968
3,853
3,703
3,755
3,420
3,487
3,729
3,968
3,853
3,703
3,755
17
Telecommunications..........................................................................
11,095
2,680
2,664
2,818
2,934
3,005
3,095
3,141
2,680
2,664
2,818
2,934
3,005
3,095
3,141
18
Business, professional, and technical services ................................. 126,296 28,355 30,868 32,242 34,831 32,778 33,670 34,647 30,032 31,287 32,425 32,553 34,613 34,161 34,835
19
Other services 4 ................................................................................
10,646
2,600
2,685
2,675
2,686
2,683
2,754
2,768
2,600
2,685
2,675
2,686
2,683
2,754
2,768
By affiliation:
20
U.S. parents’ receipts from their foreign affiliates..............................
52,129 11,646 12,579 13,317 14,587 14,118 15,129 15,292 11,974 12,705 13,584 13,865 14,434 15,286 15,659
21
U.S. affiliates’ receipts from their foreign parent groups....................
28,622
6,789
6,802
6,936
8,094
7,300
7,593
7,542
7,049
6,893
7,303
7,377
7,534
7,731
7,897
22
U.S. receipts from unaffiliated foreigners........................................... 169,569 43,027 38,593 44,009 43,941 47,908 41,192 45,671 40,545 41,499 42,918 44,609 45,360 44,288 44,429
23 Imports of private services.......................................................................... 368,036 85,182 93,800 97,193 91,860 90,510 100,618 102,203 89,932 91,039 94,141 92,923 95,112 97,828 99,082
24 Travel (table F.2, line 23).............................................................................
75,507 16,448 20,658 21,823 16,578 16,569 22,406 23,166 19,085 18,291 19,077 19,054 19,280 19,850 20,153
25 Passenger fares (table F.2, line 24) ............................................................
27,279
5,945
7,260
7,277
6,797
7,204
8,236
8,228
6,228
6,770
7,022
7,259
7,552
7,701
7,954
26 Other transportation (table F.2, line 25)......................................................
51,202 11,172 12,878 14,134 13,018 12,978 13,670 14,101 11,919 13,018 13,600 12,666 13,451 13,949 13,718
27
Freight....................................................................................................
37,915
8,044
9,527 10,639
9,705
9,678 10,092 10,364
8,653
9,577 10,197
9,488
9,936 10,272 10,084
28
Port services..........................................................................................
13,288
3,128
3,352
3,495
3,313
3,300
3,578
3,737
3,266
3,441
3,403
3,178
3,515
3,676
3,634
29 Royalties and license fees (table F.2, line 26) ............................................
33,450
9,000
7,876
7,960
8,614
8,894
8,522
8,720
8,998
7,916
8,177
8,359
8,879
8,587
8,943
1
By type:
30
Industrial processes 2 .......................................................................
19,672
4,969
4,737
4,875
5,091
5,157
5,167
5,361
4,993
4,702
4,986
4,991
5,186
5,153
5,472
31
Other 3 ..............................................................................................
13,778
4,031
3,139
3,085
3,522
3,737
3,354
3,359
4,005
3,213
3,191
3,368
3,693
3,434
3,470
By affiliation:
32
U.S. parents’ payments to their foreign affiliates ...............................
5,322
1,385
1,167
1,243
1,527
1,491
1,665
1,782
1,385
1,167
1,243
1,527
1,491
1,665
1,782
33
U.S. affiliates’ payments to their foreign parent groups .....................
18,048
4,363
4,485
4,452
4,749
5,010
4,421
4,318
4,424
4,493
4,669
4,462
5,059
4,453
4,539
34
U.S. payments to unaffiliated foreigners............................................
10,080
3,253
2,224
2,264
2,338
2,394
2,435
2,620
3,189
2,255
2,265
2,370
2,329
2,469
2,621
35 Other private services (table F.2, line 27)................................................... 180,598 42,617 45,128 45,999 46,853 44,865 47,785 47,988 43,702 45,045 46,265 45,585 45,949 47,741 48,314
By type: 1
36
Education ..........................................................................................
5,677
1,073
1,443
1,911
1,250
1,125
1,515
2,010
1,394
1,414
1,429
1,440
1,462
1,485
1,503
37
Financial services..............................................................................
13,803
3,297
3,387
3,291
3,828
4,060
3,974
3,897
3,297
3,387
3,291
3,828
4,060
3,974
3,897
38
Insurance services ............................................................................
61,767 14,870 15,718 16,066 15,113 13,796 14,185 14,157 14,870 15,718 16,066 15,113 13,796 14,185 14,157
39
Telecommunications..........................................................................
8,006
2,031
1,920
2,049
2,007
1,943
1,922
1,948
2,031
1,920
2,049
2,007
1,943
1,922
1,948
40
Business, professional, and technical services .................................
90,585 21,157 22,470 22,492 24,465 23,741 25,987 25,773 21,922 22,416 23,240 23,006 24,489 25,974 26,607
41
Other services 4 ................................................................................
759
189
190
190
191
199
201
202
189
190
190
191
199
201
202
By affiliation:
42
U.S. parents’ payments to their foreign affiliates ...............................
44,624 10,406 11,171 10,851 12,196 11,840 13,577 13,287 10,944 10,943 11,304 11,433 12,347 13,362 13,816
43
U.S. affiliates’ payments to their foreign parent groups .....................
23,705
5,572
5,653
6,143
6,337
6,159
6,233
6,242
5,690
5,762
6,324
5,929
6,282
6,370
6,423
44
U.S. payments to unaffiliated foreigners............................................ 112,269 26,638 28,304 29,006 28,320 26,866 27,974 28,458 27,068 28,339 28,637 28,224 27,320 28,009 28,076
Supplemental detail on insurance transactions:
24,774
5,701
5,819
6,369
6,885
6,568
6,222
6,304
5,701
5,819
6,369
6,885
6,568
6,222
6,304
45 Premiums received 5 ......................................................................................
46 Actual losses paid ..........................................................................................
16,718
4,596
3,831
4,081
4,209
4,221
4,160
4,063
4,596
3,831
4,081
4,209
4,221
4,160
4,063
5
98,668 23,656 25,204 25,882 23,927 21,442 22,428 22,760 23,656 25,204 25,882 23,927 21,442 22,428 22,760
47 Premiums paid ............................................................................................
48 Actual losses recovered .................................................................................
50,648 12,673 12,674 12,610 12,691 12,918 13,113 13,417 12,673 12,674 12,610 12,691 12,918 13,113 13,417
Memoranda:
49 Balance on goods (table F.2, line 72) ............................................................. –645,857 –133,818 –164,817 –186,377 –160,845 –159,480 –191,036 –202,149 –152,832 –165,958 –167,822 –159,245 –182,222 –190,564 –181,750
50 Balance on private services (line 1 minus line 23) ......................................... 162,238 39,392 34,034 42,385 46,427 47,958 42,789 52,760 37,316 39,403 40,760 44,758 46,356 48,221 49,828
51 Balance on goods and private services (lines 49 and 50).............................. –483,618 –94,426 –130,783 –143,991 –114,418 –111,522 –148,248 –149,389 –115,516 –126,555 –127,061 –114,486 –135,866 –142,343 –131,922
p Preliminary
r Revised
1. Royalties and license fees and “other private services” by detailed type of service include both affiliated and unaffiliated transactions.
2. Includes royalties, license fees, and other fees associated with intangible assets, including patents, trade secrets,
and other proprietary rights, that are used in connection with the production of goods.

3. Includes royalties, license fees, and other fees associated with copyrights, trademarks, franchises, rights to broadcast live events, software licensing fees, and other intellectual property rights.
4. Other services receipts (exports) include mainly film and television tape rentals and expenditures of foreign residents temporarily working in the United States. Payments (imports) include mainly expenditures of U.S. residents temporarily working abroad and film and television tape rentals.
5. These reflect the amount of premiums explicitly charged by, or paid to, insurers and reinsurers.